by Asharq Al-Awsat | Jul 23, 2017 | Business
Riyadh- The Saudi Ministry of Finance welcomed IMF report on the situation of the national economy. Commenting on the results, the Saudi Finance Minister Mohammed al-Jadaan said: “Although there is a lot of optimism, we are aware that there are also challenges that...
by Asharq Al-Awsat | Jul 22, 2017 | Business
Washington- The International Monetary Fund has lauded the economic reform program of Saudi Vision 2030 after it made great progress in implementing its ambitious agenda, saying fiscal consolidation efforts are beginning to bear fruit. “Non-oil growth is projected to...
by Victoria Bateman | Jul 7, 2017 | Opinion
Resilience is fast becoming the new buzzword in global economics. International Monetary Fund chief Christine Lagarde has warned that we need to do more to protect and enhance the global economy’s ability to withstand shocks. According to German finance minister...
by Asharq Al-Awsat | Jul 7, 2017 | Business
Cairo- Egypt announced a major increase (18-42 percent) in electricity prices on Thursday as authorities continue to implement an IMF-backed economic reform package. Electricity Minister Mohamed Shaker announced the increase during a news conference, noting the...
by Ahmad Al-Ghamrawi | Jun 30, 2017 | Business
Cairo – As part of a plan to cut the budget deficit and commit to the economic reform to help meet the terms of a $12 billion IMF loan deal, the Egyptian government has decided to raise fuel prices two days before the beginning of the new budget. The price of...
